| | Business Summary | | Double
Eagle
Petroleum
Company
explores
for,
develops,
produces
and
sells
crude
oil
and
natural
gas.
Current
areas
of
exploration
and
development
focus
for
the
Company
include
the
Green
River
Basin
in
southwestern
Wyoming,
the
Powder
River
Basin
in
northeastern
Wyoming,
the
Washakie
Basin
in
south
central
Wyoming,
the
Wind
River
Basin
in
central
Wyoming,
and
the
Christmas
Meadows
area
in
northeastern
Utah.
The
Company
owns
interests
in
a
total
of
299
producing
wells,
with
oil
constituting
approximately
21%
and
natural
gas
constituting
approximately
79%
of
its
current
production.
The
Company
also
has
undeveloped
acreage
in
other
basins
and
is
evaluating
the
possibility
of
additional
activity
in
other
areas. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Double
Eagle
Petroleum
Co.
is
engaged
in
the
exploration,
development
and
production
of
oil,
gas
and
other
minerals
in
the
Rocky
Mountain
region
of
the
United
States.
For
the
nine
months
ended
5/31/01,
revenues
rose
80%
to
$2.1
million.
Net
income
totaled
$491
thousand,
up
from
$45
thousand.
Revenues
reflect
increased
oil
and
gas
revenues
due
to
an
increase
in
production
volumes
and
increased
pricing.
Earnings
also
reflect
improved
operating
margins. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Stephen Hollis, 50
Chairman
Of The Board, Pres and Treasurer | $94K | $88K | D. Steven Degenfelder, 44
VP | -- | -- | Carol Osborne, 48
Sec. | -- | -- | | Dollar amounts are as of 31-Aug-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/d/dble.gif)